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Arvest Bank · 3 days ago

Arvest Wealth Management Senior Trust Investment Manager

Oklahoma City, OK

Full-time

Onsite

Mid, Senior Level

$105K/yr - $124K/yr

7+ years exp

Arvest Bank is dedicated to providing financial solutions for life and is seeking a Senior Trust Investment Manager. The role is responsible for managing complex High Net Worth fiduciary accounts, developing investment strategies, and collaborating with various stakeholders to achieve clients' financial goals.

BankingFinanceFinancial Services

Responsibilities

Determine the client’s financial goals through Financial Planning identification of needs. Establish the appropriate asset allocation of complex to HNW portfolio investments to best meet the investment objective, taking into consideration the tax implications, as determined through the Financial Planning process

Provide clients with investment program solutions, understand clients’ unique needs, and coordinate the design, implementation, and monitoring of a modeled or customized investment program across traditional and alternative investments to meet those needs

Communicate with clients and internal team members on a regular basis, anticipating and responding to issues and developments, researching issues and opportunities, developing new ideas and discussing investment program solutions as the liaison to the Portfolio Management and Research Group. Remain current on the investment philosophy and strategies of all investment portfolio options

Interpret complex and HNW economic, market and business information to recognize, understand and communicate market environment

Participate in on-going marketing of Arvest’s services and business development efforts that include cross sell or referring company products and services to existing customers when appropriate. Achieve increased services per household by deepening existing client relationships and expanding wallet share through needs identification inherent to the Financial Planning process

Responsible for a minimum of $2,250,000 per year in recurring revenue and $42,500 in annual production of new recurring revenue

Assist with set-up and transition of investments (marketable securities and unique assets) of new fiduciary accounts. Coordinate with appropriate internal teams (Portfolio Management and Research, Unique Assets, Wealth Strategists, and Trust Administrators) to ensure all assets are transferred properly and assist with disposition of assets for diversification, liquidations or closing accounts

Conduct Reg-9 reviews and on-going account monitoring including IPS updates, changes to investment objective, appropriate asset allocation, rebalancing, asset location, cash management, tax lot management/sale plans, service agreements, portfolio/performance reviews, ascertain changes in planning needs

Remain current and knowledgeable about traditional and alternative investments as well as related issues that affect those investments (economy, markets, finance)

Ability to communicate complex and HNW investment solutions to a variety of constituents with varying levels of investment knowledge

Analyze client portfolios and recommendations for improvements to the client portfolio allocation according to updated Financial Plan outcomes. Apply technology orientation and proficiency using a trust principal and income (P&I) system, investment software, planning software and investment presentation software

Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity

Qualification

Financial PlanningInvestment ManagementClient ManagementFiduciary ManagementInvestment SoftwareLife/Health/Annuity LicensesMBA/CFA/CPWA/ChFC/CFP/CPA/CTFASales TechniquesMarket KnowledgeCommunication Skills